XRP/USDT – 30M – BUY

The pair Ripple/Tether (XRP/USDT) breaks through the bearish trendline upwards

A bullish ascent upwards to the next resistance level at 1.3653 is expected.

Caution: A possible trend reversal in the direction of support at 1.333 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The currency pair is likely to rise.

And also a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The currency pair is likely to rise.

And also a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which could be a positive chart scenario. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Current target is 1.3595416 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance zone at 1.3653 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Three Outside Up’ candle chart pattern is existing. The candles form ‘Three Outside Up’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

1.3653 – 1.362 – 1.3712 – 1.333 – 1.3218 – 1.3381 —
1.341800000 – 1.349100000 —
44.928567300686 – 47.171570745343 —
– —
1.3653 – 1773025200

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Outside Up – – –